LOCAL STOCKS
On Friday saw the bourse closed lower with light volumes changing hands for BSP, CCP and OSH. BSP after a week’s slide finished stronger by 1.40 percent while the others finished unchanged. IOC in US ended the day weaker at US$50.21 losing 44 cents.
The market this morning may open flat on the back of negative leads from the overseas markets. After weaker than expected results from the housing sector. KAM shares are on offer on the local bourse at a low K1.13. Our Kina this morning is up buying 0.4333 and selling 0.3922 aussie.
MOVERS
Friday’s movers on the local bourse 20/11/09:
BSP:1.40%
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- BSP Capital is the leading stock broker and fund manager in Papua New Guinea. This site is designed to offer open discussion and market information. Nothing on this site should be thought of as investment advice. There are risks to investing and not all risks are explained here. Always speak with an adviser before investing. www.bsp-capital.com
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